Momentive opens new Thailand coating resin plant
Momentive Specialty Chemicals on Tuesday announced the startup of its new plant in Chonburi, Thailand, which significantly increases its capacity to produce acrylic-based resins and service customers in Southeast Asia.
Following the successful start-up of the plants reactors, production is expected to gradually ramp up in the second quarter of 2013, according to the company.
The new plant significantly expands Momentives production of acrylic-based resins in the region. The site, which is located on land bought by Momentive in the Pinthong Industrial Estate Park, is capable of producing the latest generation of acrylic resins designed for use primarily in coatings, adhesives, and building and construction applications.
In addition to production facilities, the new site includes product development and applications laboratories, as well as technical service and application support capabilities for customers.
We are pleased to start up this new facility on-time and on-budget, said Julia Harp, senior vice president for Momentive. The new facility positions us to grow rapidly in southeast Asia and we are excited to provide a broader range of acrylic resins to meet the needs of our valued customers.
The Chonburi plant is Momentive's second addition to its Asia Pacific footprint in 2013. In March 2013, the company announced that it had opened a new plant in Tianjin, China. The Tianjin site produces a full range of amine curing agents and supports the global demand for high performance epoxy systems.
Momentive said it plans to employ 30 people at the Chonburi plant when it becomes fully operational. The new Chonburi site replaces the company's former, smaller plant in Samutsakorn, Thailand, which was a leased property. The company continues to maintain its sales and administrative offices in Bangkok.
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